Cost of Living in Mason city, IA
Housing
The housing market plays a significant role in determining the cost of living in Mason city, IA.
- Housing Index: 85.0 / 100
- Median Home Price is: $190,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $960 per month
Considering a move to Mason city, IA? The housing index of 85.0 suggests that affordability is quite favorable compared to the national average. With a median home price of 190000 and average rents for a 2-bedroom apartment at 950 and a house at 960, your budget will stretch further in this area. Additionally, given the current housing market trends, now may be a prime time to explore your purchasing options, as prices are likely to rise in the coming years with evolving demand.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mason city, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Mason city, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Mason city is a financially viable option for your relocation.